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People born in the 1990s had the lowest level of happiness, scoring 4.03 out of 7, while those born in the ’40s had the highest level, 4.32, it added.

People wearing face masks walk past a booth of the Export-Import Bank of China at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, on Sept 5, 2020. [Photo/Agencies]

People who merely possess a membership card issued by the Hong Kong Journalists Association or the Hong Kong Press Photographers Association will no longer conform to the definition of "media representative" after the amendment.

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Peschel emphasized the policies needed to help small and medium enterprises, which are big employers. "The SMEs and micro businesses don't have big capital buffers. They have sometimes very thin working capital and with the quarantines and economic shocks left many with little or no revenue. Therefore, the government is working on improving credit to SMEs. Big companies face challenges, but they have better access to bank credit and are also more stable in that they have bigger working capital and are also often diversified," he said.

Pettis' new book, Trade Wars Are Class Wars: how rising inequality distorts the global economy and threatens international peace, which is relevant to the current US-China dispute, will be published next year. He wrote it with economics commentator Matthew C. Klein.

Philadelphia's police commissioner defended the arrests, saying his officers had to act after Starbucks employees told them the pair were trespassing.

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People wearing masks to prevent contracting the coronavirus wait in line to buy masks at a department store in Seoul, South Korea Feb 27, 2020. [Photo/Agencies]

Paulo Cesar Silva, CEO of Embraer. [Photo provided to China Daily]

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People wait outside the Yokohama district court on Monday before the sentencing of Satoshi Uematsu who murdered 19 disabled people at a care facility in 2016. PHILIP FONG/AGENCE FRANCE-PRESSE

Philadelphia Federal Reserve Bank President Patrick Harker warned that reopening the economy too quickly would not only bring a "health catastrophe" but also "reverse the economic recovery."